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The new management of the Securities and Exchange Commission (SEC) has rolled out new initiatives to drive activities in Nigeria’s capital market in alignment with the Federal Government’s one trillion dollar economy target.
Director-General of the SEC, Dr Emomotimi Agama, said this at his first post-Capital Market Committee (CMC) press briefing in Lagos, weekend.
Dr. Agama expressed the determination of the commission to continue to encourage companies to list and urged the exchanges to take steps to attract new listings to align with the government’s $1 trillion economy target.
He said more companies should be encouraged to list on the exchange to improve market making and liquidity.
Agama expressed optimism about unlocking the full potential of the capital market, in aligning with the Renewed Hope Agenda of the President Bola Ahmed Tinubu led administration.
He also informed members of initiatives aimed at ensuring that the rulemaking process of the Commission becomes faster and more efficient.
